OCEAN

On a mission to radically decentralize #Bitcoin mining #FutureOfBitcoinMining #MineTheOcean

Public Key

npub1qtvl2em0llpnnllffhat8zltugwwz97x79gfmxfz4qk52n6zpk3qq87dze

Profile Code

nprofile1qqsq9k04vahllseell55m74n3047y88pzlr0z5yany32st29fapqmgspz3mhxue69uhhyetvv9ujuerpd46hxtnfduq3camnwvaz7tmwdaehgu3wvf5hgcm0d9hx2u3wwdhkx6tpdsfukysf

Publishing to

relay.damus.io

nostr.bitcoiner.social

relay.nostr.bg

Author Public Key

npub1qtvl2em0llpnnllffhat8zltugwwz97x79gfmxfz4qk52n6zpk3qq87dze

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Last Notes

2024-09-11 01:14:46

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Go to 'Settings' and enter what's in the picture below. Under "Stratum User" put bitcoinaddress.worker -> so something like bc1qxxxxxxxxx.bitaxe1 https://image.nostr.build/b85760295bd4a5a1d68d10f238e153ae3ce95c95481d5112ac85e141bdedabea.png

2024-09-07 18:11:18

BREAKING: Bitcoin mining centralization.
OCEAN reaches 56% of unique miners receiving newly generated coins.
Our latest block paid out 50 unique Bitcoin addresses from the coinbase, meaning 50 people received bitcoins directly from Bitcoin itself, not from a middle man.
Over the past six months, 174 addresses have received bitcoin payouts direct from the blockchain.
97 of these were miners mining on OCEAN.
This is the way. Join the revolution. https://image.nostr.build/ https://image.nostr.build/c919eca2d1cd48daedc45c985ab7d61c33fe371d2dd97f7bc7275fb03ac3db15.png d92872452c388990787660e1ff890c9e30df6e615506d020fd83df189819e93e.png

2024-08-30 08:18:55

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Cmon @nprofile…cuep

2024-08-30 08:03:43

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Waiting on this - https://github.com/gudnuf/bolt12-covenant-zapper

2024-08-30 06:23:49

You're only as lucky as your last block https://image.nostr.build/77209aebb7e8e4ed50fb915fd1504c74ff742954e7298400ed2e2edccd7ebcd7.png

2024-08-30 05:32:14

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All this is to say, if your over the difficulty target set required for the proofs submitted, it doesn't matter if you're just over it or way way over it to the point where you were just one bit flip away from solving an actual block - it's all one share :)

2024-08-30 05:30:27

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The last part of what I wrote was confusing.
Say the S21 working at default difficulty is finding millions of times more shares than the bitaxe, the pool then adjusts making the difficulty orders of magnitude higher. Shares will then start coming in far slower and each one will be multiplied by the same factor that the difficulty was increased.
This is why all shares in pool stats are equal.

2024-08-30 05:27:10

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Shares aren't that. They're just proof that you did some work, that is just solving a block at an arbitrary difficulty.
You aren't given more shares for getting "closer" to the correct answer, but if you're given a higher difficulty target (appropriate for more powerful machines) then your shares will be worth more than other shares. BUT pools will always normalize this on the website/stats so you don't have to do any adjustment.
So you're kind of right but that's only of concern to the pool back end.
In reality a bitaxe share and a S21 Pro share are going to be worth the same, it's just that the S21 will be finding them way faster, be given a higher difficulty target by the pool, then return fewer shares that are worth more than previously. So if you double the difficulty you send to a worker, each share it submits will be worth two shares.

2024-08-28 05:59:07

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Nothing is 100% reliable on Lightning. We will have attempted it already - if you didn't receive it shoot a DM.

2024-08-27 09:52:24

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3 is your issue. Private channels don't work in practice, though in theory they're supposed to.
Ocean payouts on Lightning have information made public (so that everyone can varify payouts) making private channels not private anyway.

2024-08-26 04:26:24

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Also I'll add - if Lightning just keeps not working, if you get to the on-chain threshold you'll just be paid out that way.

2024-08-26 04:25:53

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We're on it - Nostr client issues lol.
Sounds like you set up Lightning correctly wrt generating a valid BOLT12 and signed it with a valid sig.
Great.
Now here's a checklist to follow if payments still aren't working:
1. Am I using Core Lightning?
2. Do I have a channel with sufficient inbound liquidity?
3. Is it public?
4. Payments still failing? Connect to our node with this command `lightning-cli connect 029ef2ce43571727104099576c633b2233bfeb8dc18b476f93540a32207da9e9a4@16.63.81.71:9735`

2024-08-26 04:22:49

https://image.nostr.build/439f35176010825a27c093a30112846aa44f2264ea364d673c9ee58aa2eca3a2.png

2024-08-26 04:21:20

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I was using Iris for months and never saw most of the DMs here.

2024-08-26 01:10:04

Sorry for the extremely slow response to DMs on here. Wasn't using the right client apparently, switched to Amethyst and seeing a lot of messages from Dec/Jan.
We're listening!

2024-08-24 08:30:33

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What's the issue? Happy to help

2024-08-23 02:01:19

There's a better way!
https://image.nostr.build/894770dc9635f1ecd328c0bebfbbbe834fb436c57e28f824526a17defe86cfe2.jpg

2024-08-21 07:06:41

Terahash for terahash, OCEAN is the best pool for miners.
See Bob Burnett's numbers for yourself here: https://docs.google.com/spreadsheets/d/1qtlC6u9GZxU4KK-8yE7f7bvLDKWdgYMDrKBPbID0RkM/edit?usp=sharing

2024-07-11 20:40:39

Starting on Saturday, we'll be doing integration testing of the new @nprofile…e544 Accelerator on the "OCEAN Recommended" template. Our efforts here will be consistent with our existing work towards maximum transparency and will help ensure decentralized mining has access to the same fee markets as centralized pools.
More info in the coming weeks.

2024-06-03 06:43:12

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Hey - this implies that you stopped mining quite some time ago and got included in our latest sweep of inactive addresses.

2024-05-29 16:48:00

Bitcoin Country, here we come! 🌴
We are thrilled to announce that OCEAN has expanded into El Salvador 🇸🇻. OCEAN MINING S.A. de C.V. will serve as our global hub of business development as we continue to bring features to market that push the envelope of decentralization in #Bitcoin mining.
Thank you Nayib Bukele, Bitcoin Office SV, and Stacy Herbert for creating the blueprint for Bitcoin adoption and for welcoming us into your country.
https://ocean.sv
https://url-shortener.newsdirect.com/DWho6ywY
https://url-shortener.newsdirect.com/g8jtB8Yg
https://image.nostr.build/8d8ac9ea6da609a1e5c6881643310a827b7eaf711cc6fe623ea5a155959696d7.gif

2024-04-29 18:34:17

It's time for Lightning⚡️ and it's time for BOLT12🔩
https://image.nostr.build/a1432b1a98f5b8b541b4fcf13cc3f38e8fc6b4f93ba1fec9d7da3ce636c707c7.jpg
As of today, OCEAN miners can attach a BOLT12 offer to their #Bitcoin address and get paid out over Lightning!
BOLT12 offers allow us to request multiple invoices for any amount while only requiring the miner to set things up once.
Miners simply sign a message containing the offer using the private key associated with their Bitcoin address.
Using BOLT12 also allows us to prove to the world that a payment was made, the size of the payment, the node to which it was paid, and that it was paid by us.
This means we can continue to offer fully transparent and verifiable pooled mining while no longer being restricted by the base layer!
Using the Bitcoin stack to its fullest is how we eliminate the need for trust and bring sovereignty to mining.
https://ocean.xyz/docs/lightning
https://newsdirect.com/news/ocean-innovates-bitcoin-miners-offered-first-ever-lightning-payouts-using-bolt12-946331135

2024-04-27 02:45:08

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ocean.xyz/merch

2024-04-27 02:44:11

Announcing our merch store! Happy to be collaborating with @ProofofInk
for these awesome designs!
⚡Bitcoin and Lightning accepted ⚡

2024-04-24 18:01:37

https://image.nostr.build/784b1b5f787d8599c9d8f463cc625bfa0774e92ce3dd784b809c72a37fcabf9e.jpg

2024-04-19 01:59:38

Happy halving!
We've added a template to our existing lineup which only includes transactions free of any known arbitrary data.
We're proud to be the only pool offering miners these choices as we work towards our goal of full decentralization.
https://ocean.xyz/blocktemplate/datafree

2024-04-16 15:10:22

In a FPPS pool miners don’t actually interact with #Bitcoin but rather they are treated like employees of the pool. @npub1qtv…7dze takes a different approach by giving sovereignty back to the miners. #MineWithOCEAN
https://image.nostr.build/2755f05ef1ce2f9a4bf74b3e5569690609c05744c41925d0f1e32b4143520127.jpg

2024-04-02 03:04:33

We're proud to announce our new template - it will consist only of transactions approved by the US government.

2024-03-30 22:22:27

⛏️~~Stats~~⛏️
Since launching in November, OCEAN has mined 28 blocks consisting of 175 newly generated coins and 9.29785518 BTC in transaction fees - a total of 184.29785518 BTC.
Those mining with OCEAN since launch are sitting at around 112% of the rewards they could expect from the well known alternatives.
Prior to OCEAN, almost all block rewards went to the same dozen addresses under the control of just a handful.
OCEAN added 33 more addresses to this as miners started choosing to get paid directly by the Bitcoin network in OCEAN blocks.
OCEAN's overall luck is 101% and 106.5% since the start of the year.🎰
Happy mining everyone💪

2024-03-30 00:53:09

We're excited to be celebrating the upcoming halving in #Bitcoin country El Salvador with @HalvingPartyMF
and many awesome Bitcoiners.
To commemorate the event we'll be giving away a limited number of special edition T-shirts by @ProofOfInk
. Be sure to pick one up at our table while supplies last.

2024-02-29 16:00:49

We're proud to announce the long awaited whitepaper for our innovative TIDES payout system. This can be implemented by any pool and sets a new standard for transparency and fidelity for miners wishing to verify their rewards.
ocean.xyz/docs/tides

2024-02-20 21:47:38

Since setting sail on 11/28, we've been riding the waves of achievement:
🟧 15 Blocks Mined
🚀 Crossed and sustained over 1 Eh/sec
💰 100+ BTC Mined
🌊 Dive in with OCEAN in less than 60 seconds! 🏄
And checkout our new darkmode 👀

2024-01-02 05:45:53

Happy New Year from all of us at OCEAN.
2023 was an historic moment for us. Resurrecting Eligius, bringing transparency to #Bitcoin mining, and beginning the journey to decentralized block template construction.
2024 is where the rubber meets the road and we’re stoked. We’re so grateful to our early miners who have supported us, and for those on the fence, we welcome any questions you have.
If you haven’t noticed, hashrate is growing 👀 and we’re thrilled to have found our 4th block today 🎉

2023-12-28 16:37:26

In the pursuit of truth @PrestonPysh and @GrassFedBitcoin discuss the “why” behind OCEAN’s mission and answer some frequently asked questions. Great job gentlemen!
#Bitcoin
Video: https://www.youtube.com/watch?v=zXccoOlmtMY
Spotify: https://open.spotify.com/episode/6BMvDwrGn9qQVugTRxPLwM?si=Y081yVk_QteC17bdonKUaA

2023-12-28 00:24:49

Congratulations on block three to all OCEAN miners 🎉.
The miner used the standard template which filters spam and as a result block 823129 included ~1400 more real financial transactions that otherwise would have been left out in the cold. This is the cleanest block #Bitcoin has seen in ages.

2023-12-26 06:07:54

From our families to yours, wishing everyone a Merry Christmas 🎄

2023-12-21 11:59:23

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You just point to a different URL and port:

2023-12-21 09:00:14

A decentralized #Bitcoin is a Bitcoin where miners decide what goes in blocks, not pools.
OCEAN's ultimate goal is to make this a reality, and today we take one step closer to our vision of decentralized block template construction.
Available immediately, OCEAN is offering 𝗺𝘂𝗹𝘁𝗶𝗽𝗹𝗲 𝗯𝗹𝗼𝗰𝗸 𝘁𝗲𝗺𝗽𝗹𝗮𝘁𝗲 𝗽𝗼𝗹𝗶𝗰𝗶𝗲𝘀, giving miners control over what blocks they are mining.
The three options are:
1) OCEAN Recommended (most real financial transactions and least spam)
2) Bitcoin Core with the “Ordisrespector” spam filter
3) Unmodified Bitcoin Core (same as other pools with fewest financial transactions and most spam)
OCEAN will continue its 0% promotional pool fee for options 1 & 2 while there will be a competitive pool fee of 2% for option 3.
Our fees are structured to incentivize miners to make choices that benefit the Bitcoin network in the long term.
Suggestions for more templates? Let us know at [email protected].

2023-12-09 01:07:30

We are happy to have sponsored Unconfiscatable 2023. Amazing job Tone Vays and Mel for putting on yet another high quality #Bitcoin conference and thank you for giving us the opportunity to talk about OCEAN.
In case you missed it, our very own Bitcoin Mechanic discusses what OCEAN is all about with Jimmy Song and Nico
https://www.youtube.com/live/7kS2T1mPtQU?si=1gaYlWaaH00_mf8A

2023-12-09 00:47:09

OCEAN. It’s been up and running for just over a week. Our miners are elated that we’re finding blocks ahead of schedule and they’re getting paid above market returns. We are on a path to decentralization. This is a big step forward in how mining pools operate in #Bitcoin.
Our transparency model is working and provoking important discussions. For the first time in years, Bitcoin miners can see in real-time the underlying candidate block that they are committing their hashrate to BEFORE they do the work.
Our non-custodial model is distinguishing us from incumbent pools, and government regulators are now further away from our miners’ coins than they are with custodial pools. Over time, our TIDES payout system will ensure that dozens more miners receive bitcoins directly from the Bitcoin network instead of just a few centralized pool operators.
Decentralization does not happen overnight, but we are taking important steps in the right direction, ultimately putting miners back in control of the intelligent parts of mining via decentralized block template construction. We are working hard to make this a reality, and we owe our supporters and miners a sincere word of thanks for joining us early on in this journey.
#nevent1q…w35h

2023-12-06 02:21:14

We are happy to announce testing of Bitcoin Knots v25.1 has completed successfully, and is now deployed to production. Among other improvements, this upgrade fixes this long-standing vulnerability exploited by modern spammers. As a result, our blocks will now include many more real transactions and help to bring an end to the DoS attack being performed on the #Bitcoin network.
So, in addition to our already-established benefits (transparency, non-custodial, and permissionless), we now also offer honest miners the first easy option to contribute toward blocks full of real transactions, effectively a several times larger block size in terms of transaction confirmations, without actually making the blocks any larger.
#nevent1q…dsp6

2023-12-03 04:57:23

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Whoever found it had only been mining for 36 minutes.

2023-12-03 02:44:16

We....found another block.

2023-12-02 21:54:37

At the heart of OCEAN's journey: @npub1lh2…a9nk, our co-founder and "guardian angel" of Bitcoin. His values and love for #Bitcoin are the pillars of our mission and its long-term sustainability.
Thank you, @npub1sg6…f63m Dorsey.
https://x.com/ocean_mining/status/1731017405424456105?t=BWCU2mphH62lOaE7V8hD7w&s=09

2023-12-02 16:23:08

Congratulations to our early miners! Our first block today was a huge reward and we’re happy for and grateful to the miners who have supported us. Everyone will be receiving about 5.48x what they would have received from FPPS pools.
A minor misconfiguration leftover from our pre-launch testing led to a block which did not directly reward our miners as intended. We have since paid out the miners manually.
The block template was created using the old v23 Bitcoin Knots rather than the latest version which is still completing testing (but should be ready soon). This unfortunately resulted in a large amount of spam being mined rather than real transactions. While this is only marginally better than other pools, we strive to hold ourselves to a higher standard and only do things that are good for Bitcoin. It is also vital to ensure we never mine invalid blocks, however, so we must fully validate the new version before upgrading to it. We had hoped to complete this before our first block, but for better or worse, we were "lucky" and found it much sooner than expected. Testing and safe deployment of the upgrade will proceed as soon as possible, without endangering Bitcoin or miner work.
We will continue to share updates as part of OCEAN’s commitment to transparency and our promise to be better for Bitcoin.

2023-12-02 16:22:50

We found a block already.
The generation TX wasn't correct - all the btc will go where they're supposed to of course after ~100 block cooldown. Website confused/will be updated asap.
This is insanely lucky and all the early OCEAN adopters just made a fortune.

2023-12-01 07:08:08

Another pool announced today that it has custody of an 83 BTC fee that it intends to give away. With OCEAN, those 83 BTC wouldn’t be in our custody—they’d already be in our miners’ wallets, paid directly by Bitcoin. The decision to refund should be up to the miners, not the pools
https://image.nostr.build/20539836b863723d5ae1d504a4d3a90487587205af0c08323d42d38b71916c1e.jpg

2023-11-28 20:14:25

Coming up next - special announcement from @npub1lh2…a9nk. Tune in to watch live!
ocean.xyz/event

2023-11-28 15:13:06

Join us in an hour for a one-of-a-kind #Bitcoin conference. Livestream begins at 10:30a EST. Special announcement from @npub1lh2…a9nk at 2:15 followed by a Q&A with Luke and @npub1sg6…f63m Dorsey.
ocean.xyz/event?nostr

2023-11-27 19:58:49

Only 1 day remaining until the #FutureOfBitcoinMining conference kicks off. Don’t miss our panel discussion on hyper-decentralization, open source, and #Bitcoin home mining with Templeton Thomas, skot9000, z bomstaz, J Stefanop, and Bitcoin Mechanic
https://ocean.xyz/event?meta=panel

2023-11-27 02:43:12

We are pleased to have Barefoot Mining CEO Bob Burnett discuss the landscape of small to large mining operations and the need for more energy sovereignty in #Bitcoin. Tune in to watch Bob on the livestream Tuesday.
https://ocean.xyz/event?meta=bob

2023-11-26 05:18:51

Is #Bitcoin on a path to centralization? Come check out what Giacomo Zucco has to say about it. Join us on the livestream on Nov 28th!
https://ocean.xyz/event?meta=gz

2023-11-24 23:34:29

Bitcoin Mechanic sharing some deep insights into mining. Tune in to watch him on the livestream next Tuesday.
ocean.xyz/event
-- Bitcoin Mechanic wrote:
A systematic breakdown of issues with #bitcoin mining today - mainly focusing on pools. From yours truly.
https://bitcoinmagazine.com/technical/are-mining-pools-becoming-a-problem-

2023-11-22 03:14:06

On November 28th, #Bitcoin mining will change forever.
Join @npub1sg6…f63m Dorsey, @npub1lh2…a9nk , Giacomo Zucco, Bob Burnett, and other prominent Bitcoiners live to discuss the Future of Bitcoin Mining.
https://ocean.xyz/event?nostr